In September, Citi cut fewer than 100 positions from its mortgage team, citing “internal streamlining of functions.”
Wells Fargo, JPMorgan, USAA, PacWest and Flagstar have also laid off significant numbers of mortgage employees in recent months.
-
The Rise of Digital Lending Platforms: Transforming the Mortgage Originating Process
Discover how digital lending platforms are transforming mortgage originating processes, enhancing efficiency, personalization, and compliance.
Estimated reading time: 0 minutes, 19 seconds
Citigroup Adds to Mortgage Job Cuts
Citigroup has shed mortgage underwriting jobs as part of hundreds of cuts that also affect investment banking and technology. So reports Banking Dive.
MOST READ STORIES
Fast,Easy & Free
